The notes were issued by the firm’s subsidiary Melco Resorts Leisure (PHP) Corp on January 24, 2014, with a maturity date of January 24, 2019, according to a Thursday filing to the Philippine Stock Exchange.

The notes facility and security agreement includes the Australia and New Zealand Banking Group Ltd and Deutsche Bank AG, Manila Branch as joint lead managers; and the Philippine National Bank – Trust Banking Group as facility agent, registrar, paying agency and security trustee, according to the latest filing.

Melco Resorts Philippines said last month that its majority shareholder – MCO (Philippines) Investments Ltd – began a tender offer to acquire the Melco Resorts Philippines shares that it does not already own. MCO Investments is offering PHP7.25 (nearly US$0.138) a share and the offer closes today, November 29.

The original purpose of the offer was to take Melco Resorts Philippines private. But the delisting idea was dropped last month, and MCO Investments decided instead it would increase its stake in Melco Resorts Philippines. MCO Investments said the operation would improve its ability to put its plans for Melco Resorts Philippines into action.

More news

The questions around the refreshment of gaming licences for the current six Macau casino operators will not be resolved next year, according to Morgan Stanley. The stockbroking arm of the investment...

”Assuming we pursue development in the Tokyo metropolitan area, it is possible that it will be a large-scale project and ... we would like to hold the largest equity share in it”Hajime SatomiChairman and CEO of Japanese conglomerate Sega Sammy Holdings